WEARABLE HEALTH SOLUTIONS, INC. Overview
Industry: Medical Instruments & Supplies
Sector: Healthcare
Wearable Health Solutions, Inc. provides mobile health products and services in the United States, Canada, New Zealand, and Bermuda. The company manufactures medical alarm devices that are used to summon help in the event of an emergency. It offers MediPendant, a medical alarm product with speaker in the pendant that enables the user to simply speak and listen directly through the pendant in the event of an emergency; iHelp, a mobile medical alarm device that has ability to remotely locate a loved one and voice prompts, as well as a dealer portal that enables dealers to manage their own iHelp customer base; iHelp Mini, a 4G medical alarm device that includes SOS alarm, fall detection, geo-fencing, medication reminders, alerts to loved ones, crystal clear audio, and low battery alarm functions; and iHelp MAX, a device that enables remote monitoring and data collection of vital signs in real-time with historical data via Bluetooth, NFC, and Wi-Fi technology. The company offers its products primarily for the elderly and physically disabled, as well as for persons living alone. It markets its products through its Websites, medipendant.com, and ihelpalarm.com; and wholesalers, as well as distributes its products in Denmark, Ireland, Bermuda, Brazil, the Caribbean, and the People's Republic of China. The company was formerly known as Medical Alarm Concepts Holdings, Inc. and changed its name to Wearable Health Solutions, Inc. in June 2016. Wearable Health Solutions, Inc. was incorporated in 2008 and is headquartered in Newport Beach, California.
WEARABLE HEALTH SOLUTIONS, INC. is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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